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Number of delinquent owners declines

By LEWIS DELAVAN

Staff writer

The number of Hot Springs Village Property Owners’ Association members who are 60 days or more delinquent fell in March, assistant general manager Linda Mayhood told the board of directors last Wednesday.

On March 31, 6,872 property owners were 60 days or more past due in paying their $36.68 monthly assessments. That’s down 335, or 4.7 percent, from Feb. 28.

But the amount collectively owed topped $10 million, at $10,067,298.

The POA held 2,289 lots in its inventory at the end of March, compared to 2,006 a year earlier, an increase of 283. March 2013 was the first month the inventory topped 2,000.

Later in the day, at a planning meeting, general manager David Twiggs presented ideas for adding value to undeveloped areas in hopes of luring new residents and encouraging members to hold onto their lots. (See related article.)